Good on Kathmandu forking out $100m odd on buying an US shoe company ...OBOZ
Chance for you guys to get some more cheap shares in the SPP
https://quoteapi.com/resources/da986...WvtmcMRPXOko0Y
Printable View
Good on Kathmandu forking out $100m odd on buying an US shoe company ...OBOZ
Chance for you guys to get some more cheap shares in the SPP
https://quoteapi.com/resources/da986...WvtmcMRPXOko0Y
Russell Goward's Westmex was even more fun.! About a 100 shoe shops [or more] in the UK.
ChCh was the home to about four or five shoe manufacturers in the early 1960s including Duckworth Turner and M O'Brien.
In fact M O'Brien was about my first mistake on the sharemarket in 1967/68.!
"Gilmore" used to write excellent business articles in "The Bulletin",and ran a spec portfolio for readers.Often he wrote about his misfortunes of running a shoe business.
Lately Hellaby Holdings ran a very successful investment company,except for their exposure to shoes, through Hannahs and No.1 shoes.
As for a clothing retailer going into manufacture of footwear,I see it will end badly for shareholders.
Also 45% of OBOZ sales are to one customer ...with no contract in place either.